This is an old jewel box that I had in the garage. Instead of tossing it out, I decided to recycle it into a "Serenity Shrine". After I sanded the box down, I painted with Plaid "Folk Art" paints. I like using their thicker paints, because they flow better and provide a nice even coverage.
After the paint dried, I sealed the box. Then using "Modge Podge", I decoupaged some old paper ephemera to the outside of the box. Then I decorated it with some of cool asian pieces that I had picked up in San Francisco.
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Hints:
sand wood and remove dust.
Allow paint 24 hours to dry in the summer (48 hours in the winter). This allows the "Modge Podge" to adhere better to the wood. Also, pick paints that compliment your paper ephemera. The wrong color pallet can affect the overall theme you are trying to achieve.